The Government is clamping down on fraud and if you're a visa holder it may impact you.
The Australian Tax Office has announced that around 20 million visa holders are to be scrutinised under a data matching
scheme with the aim of catching those who are avoiding tax, falling foul of
superannuation compliance and working illegally.
The team here at Visa Solutions Australia has been finding out how
this data sharing may affect visa holders and employers.
What does it mean?
Under the data matching scheme, the Australian Tax Office will
become privy to your tax, bank, social security and wages and will be able to
share this information with the Department of Immigration and Border
This means it will be easier for officials to detect anyone who is
flouting their obligations be that a visa holder or an employer.
The Federal Government will look at records and review information
on not just sponsors and visa holders but also migration agents and education
providers. Officials will be able to find
out where visa holders have travelled, where they’ve worked or studied and the payments
could also mean that those who left Australia may be entitled to superannuation
which they didn’t know about.
this audit take place?
audit will take place over the next three years and is part of a recent Australian Government drive to pay closer attention to the information it holds and be able to share
records to investigate fraud and non-compliance.
ministers have defended the audit claiming that they’re tracking down those who
think they’re above the system.
will it affect employers and visa holders?
If you claimed that you undertook some regional
work as part of your Working Holiday Visa but didn’t actually carry it out, if
that information comes to light, it could prevent you from extending your visa.
If you're employer and an approved sponsor, then you have a
duty to keep records of wages and produce payslips. Even if you pay cash, this
needs to be documented.
457 employees who do not declare
their wages to the Australian Tax Office will be caught in breach of their visa
conditions and this may cost them their visa.
Data matching will pick up any discrepancies
between BAS statements, tax assessments, bank records between employers and
If evidence emerges that you’re an employer who
offers sponsorship and are paying visa holders below average wages, then it could
result in your sponsorship approval being cancelled.
If you're worried about what this
may mean for you, then pick up a phone and speak to a migration agent here at
Visa Solutions Australia. We pride ourselves
on the exceptional service we r provide to our clients. Our testimonials speak
for themselves so talk to us today.